Cyprus to Host the next Property Auction

На Кипре пройдут аукционы по продаже залоговой недвижимости
4 May 2021 DOM LiVE
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As the crisis grows in the country, more and more properties and land plots in Cyprus are transferred to the disposal of local banks, as part of the alienation of collateral for non-serviced loans.

Bank auctions became more popular as a result of pandemic. There are too many non-performing collateral assets, and there are even more problem borrowers every day.

At the same time, buying housing like this is a great opportunity to invest in Cyprus property.

The island will host the next big auctions for the sale of mortgaged real estate, at which a large number of properties in Limassol and Paphos will be presented.

According to the information provided on the website of the Ministry of Internal Affairs, the auction in Limassol is scheduled for May 5, Paphos will have them in May 7.

Those wishing to acquire housing on the island will be able to buy real estate, the cost of which varies from €22 thousand to €1 million.

There will be 26 properties for sale (11 in the Limassol district, 15 in the Paphos district).

Options in the Limassol district:

  • House (121 m2) in the village of Eptagonia with an initial sale price of €41,600 and a security deposit of €4160.
  • House (​293 m2) in the village of Pachna with an initial sale price of €22,000 and a security deposit of €2200.
  • House (11 493 m2) in Kato Platres with an initial sale price of €66,800 and a security deposit of €6680.
  • Two-storey house (​301 m2) in Germasogeia with an initial sale price of €959,025 and a security deposit of €95,903.
  • Two-storey house (305 m2) in Germasogeia with an initial sale price of €97,1375 and a security deposit of €97,138.
  • Two-storey house (​​335 m2) in the village of Vouni with an initial sale price of €156,000 and a security deposit of €15,600.
  • Two-storey house (251 m2) in the village of Omodos with an initial sale price of €280,000 and a security deposit of €28,000.
  • Apartment in Limassol with an initial sale price of €106,000.
  • Two-storey house in the village of Kyperounta with an initial sale price of €39,200.
  • Apartment of 269 m2 in Limassol with an initial sales price of €464,000.
  • House of 56 m2 in the village of Malia with an initial sale price of €34,000 and a security deposit of €34,00.

На Кипре пройдут аукционы по продаже залоговой недвижимости

Options in the Paphos district:

  • Two-storey house (​​206 m2) in Paphos with an initial sale price of €259,500 and a security deposit of €25,950.
  • Two-storey house (205 m2) in Paphos with an initial sale price of €259,500 and a security deposit of €25,950.
  • Two-storey house (205 m2) in Paphos with an initial sale price of €259,500 and a security deposit of €25,950.
  • Two-storey house (​​87 m2) in the Chloraka area with an initial sale price of €96,000.
  • Apartment (48 m2) in the Geroskipou area with an initial sale price of €41,800 and a security deposit of €4,180.
  • Apartment (49 m2) in the Geroskipou area with an initial sale price of €43,700 and a security deposit of €4,370.
  • Apartment (68 m2) in the Geroskipou area with an initial sale price of €60,800 and a security deposit of €6,080 .
  • Two-storey apartment (139 m2) in the area of ​​Agios Theodoros with an initial sale price of €171,000 and a security deposit of €17,100.
  • House with (​​669 m2) in the village of Armou with an initial sale price of €59,600 and a security deposit of €5,960.
  • Apartment (​56 m2) in Pegeia with an initial sale price of €50,400 and a security deposit of €5,040 .
  • House (​​646 m2) in Paphos with an initial sale price of €352,400 and a security deposit of €35,240 .
  • Apartment (47 m2) in the Kissonerga area with an initial sale price of €36,000 and a security deposit of €3,600.
  • Two-storey house (​155 m2) in the Pegea area with an initial sale price of €216,400 and a security deposit of €21,640.
  • House with pool on a plot of 686 m2 in the Pegeia area with an initial sale price of €206,400 and a security deposit of €20,640
  • House (180 m2) in the village of Pano Arodes with an initial sale price of €178,400 and a security deposit of €17,840 .
If you are looking for the best specialists for buying mortgaged real estate in Cyprus, contact the DOM real estate agency.
Source: inbusinessnews.reporter.com.cy
Photos: pixabay.com
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Компания «Dom Real Estate» Контакты:
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Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy